A deal to spin off TikTok's U.S. operations into a U.S.-based firm was paused after China responded to Trump's announcements of tariffs on China. Trump's comments could add clarity to the future of the app in the United States.

ABOARD AIR FORCE ONE, July 4 (Reuters) - U.S. President Donald Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal. He said the United States "pretty much" has a deal on the sale of the TikTok short-video app.

U.S. President Donald Trump says that his administration will begin discussions with China on Monday or Tuesday to reach a possible deal on the video-sharing app TikTok, owned by the Chinese firm ByteDance (BDNCE).